Lifehacker article on CC churning
Apr 15, 2014 | 8:17 am
#1
Original Poster
Join Date: Apr 2012
Posts: 204
Lifehacker article on CC churning
Well, here's a new article on the pros/cons of CC churning.
http://lifehacker.com/is-it-a-good-i...1563052862/all
My favorite part of this is the very first comment, where the poster is drooling over the $20 signup bonus for the Amazon credit card.
http://lifehacker.com/is-it-a-good-i...1563052862/all
My favorite part of this is the very first comment, where the poster is drooling over the $20 signup bonus for the Amazon credit card.
Apr 15, 2014 | 9:08 am
#3
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
Join Date: Jun 2003
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Among credit card reward enthusiasts, the strategy of applying for numerous cards in order to earn multiple sign-up bonuses is called credit card churning.
Applying for several cards simultaneously is an App-O-Rama (AOR).
Apr 15, 2014 | 10:26 am
#4
Join Date: Apr 2011
Location: SMF
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Posts: 1,015
Quote:
Among credit card reward enthusiasts, the strategy of applying for numerous cards in order to earn multiple sign-up bonuses is called credit card churning.
Surprising error, inasmuch as the author is an active Flyertalk member. Churning is the practice of applying for a credit card, earning the new account bonus, cancelling (usually), and reapplying for the same card. There is no churn until the second application for the same card.
Applying for several cards simultaneously is an App-O-Rama (AOR).
Among credit card reward enthusiasts, the strategy of applying for numerous cards in order to earn multiple sign-up bonuses is called credit card churning.
Surprising error, inasmuch as the author is an active Flyertalk member. Churning is the practice of applying for a credit card, earning the new account bonus, cancelling (usually), and reapplying for the same card. There is no churn until the second application for the same card.
Applying for several cards simultaneously is an App-O-Rama (AOR).
Apr 15, 2014 | 11:22 am
#7
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Apr 15, 2014 | 3:47 pm
#9
Join Date: Mar 2014
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Posts: 1,553
Surprising error, inasmuch as the author is an active Flyertalk member. Churning is the practice of applying for a credit card, earning the new account bonus, cancelling (usually), and reapplying for the same card. There is no churn until the second application for the same card.
Applying for several cards simultaneously is an App-O-Rama (AOR).
Applying for several cards simultaneously is an App-O-Rama (AOR).
Apr 15, 2014 | 9:02 pm
#12
Join Date: Nov 2013
Location: United States
Posts: 526
I've obviously got a biased view, but bring on the newbies!
Apr 16, 2014 | 4:44 pm
#13
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Join Date: Nov 2009
Posts: 1,076
Why? Newbies that are introduced to this hobby with a broad mainstream article like this are the ones most likely to be profitable from a card issuer perspective. These are the exact type of people who are paying for your profitable hobby.
I've obviously got a biased view, but bring on the newbies!
I've obviously got a biased view, but bring on the newbies!
Apr 16, 2014 | 5:48 pm
#14
Join Date: Jun 2011
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Apr 17, 2014 | 12:57 am
#15
Join Date: Feb 2005
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